The global Ultraviolet (UV) light stabilizer market size was USD 1.40 Billion in 2021 and is expected to register a revenue CAGR of 5.3% during the forecast period, according to latest analysis by Emergen Research. Rising industrialization in developing countries, rapid growth in the automotive industry, and increasing requirement for manufacturing UV stabilizers in the automotive industry are major factors driving market revenue growth. UV light stabilizer protects plastic or wooden components from long-term effects of UV radiations. These stabilizers absorb radiation generated by sunlight or artificial light source while simultaneously neutralizing impact of UV rays.
The global Ultraviolet Light Stabilizer Market report published by Emergen Research assesses the Ultraviolet Light Stabilizer market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Ultraviolet Light Stabilizer market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Ultraviolet Light Stabilizer market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Everlight Chemical Industrial Co., Holland Colours, Evonik Industries AG, Lycus Ltd., LLC., Solvay, BASF SE, BYK-Chemie GmbH, AkzoNobel N.V., Mayzo Inc., Songwon Industrial Co., Ltd., and Valtris Specialty Chemicals
Emergen Research has segmented the global Ultraviolet Light Stabilizer market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2030)
Hindered Amine Light Stabilizers (HALS)
UV Absorbers
Quenchers
Blends
Application Outlook (Revenue, USD Billion; 2019-2030)
Furniture & Interiors
Decking & Flooring
Packaging
Others
End-use Outlook (Revenue, USD Billion; 2019-2030)
Automotive
Construction
Textiles
Agriculture
Industrial Coatings
Consumer Plastics
Others
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Ultraviolet Light Stabilizer Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Ultraviolet Light Stabilizer Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.